China Health Resource, Inc. (fka CHRI)

[downthehatch]

I am not sure whether it will fall through or not, but I am fairly certain it won't meet some of the very high (unrealistic) expectations of some on the HBRM board.

Remember that the original LOI PR said CHRI would acquire "up to 100%" of HBRM.

Also remember that HBRM was trading below .002 at the time of the LOI, and the price that CHRI would pay was not announced.

My gut feeling is that the deal will go through, but at a fairly low price per share for any HBRM stock acquired-- in the neighborhood of .003- .005, and not much more.

I do believe that CHRI has suffered during the due diligence period, because potential investors may be concerned that they will pay too much. I have confidence in CHRI management, that they will do the right thing, and only invest what makes sense to advance CHRI's business plan, at a reasonable cost.